Common use of SINGLE DRAWING OF THE LOAN TRANCHE Clause in Contracts

SINGLE DRAWING OF THE LOAN TRANCHE. On satisfaction of the conditions set out in CLAUSE 3, the Master Issuer shall make the applicable Loan Tranches available to Funding 2 on the relevant Closing Date. The aggregate of the Loan Tranches to be made on the relevant Closing Date will only be available for drawing in one amount by Funding 2 on the relevant Closing Date.

Appears in 2 contracts

Samples: Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD), Master Intercompany Loan Agreement (Permanent Master Issuer PLC)

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SINGLE DRAWING OF THE LOAN TRANCHE. On satisfaction of the conditions set out in CLAUSE 3, Clause 3 the Master Issuer shall make the applicable Loan Tranches available to Funding 2 on the relevant Closing Date. The aggregate of the Loan Tranches to be made on the relevant Closing Date will only be available for drawing in one amount by Funding 2 on the relevant Closing Date.

Appears in 1 contract

Samples: Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD)

SINGLE DRAWING OF THE LOAN TRANCHE. On satisfaction of the conditions set out in CLAUSE 3, the Master Issuer shall make the applicable Loan Tranches available to Funding 2 on the relevant applicable Closing Date. The aggregate of the Loan Tranches to be made on the relevant such Closing Date will only be available for drawing in one amount by Funding 2 on the relevant such Closing Date.

Appears in 1 contract

Samples: Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD)

SINGLE DRAWING OF THE LOAN TRANCHE. On satisfaction of the conditions set out in CLAUSE 3Clause 3.1 (Conditions Precedent), the Master Issuer shall make the applicable Loan Tranches available to Funding 2 on the relevant applicable Closing Date. The aggregate of the Loan Tranches to be made on the relevant such Closing Date will only be available for drawing in one amount by Funding 2 on the relevant such Closing Date.

Appears in 1 contract

Samples: Granite Master Issuer PLC

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SINGLE DRAWING OF THE LOAN TRANCHE. On satisfaction of the conditions set out in CLAUSE 3, Clause 3 the Master Issuer shall make the applicable Loan Tranches available to Funding 2 on the relevant Closing Date. The aggregate of the Each Loan Tranches Tranche to be made on the relevant Closing Date or Advance Date (as applicable) will only be available for drawing in one amount by Funding 2 on the relevant Closing DateDate and will not be available for drawing on a later date.

Appears in 1 contract

Samples: Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD)

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